Nevada § 372.180 Resale certificate: Commingled fungible goods

Nevada Statutes

§ 372.180 — Resale certificate: Commingled fungible goods

Nevada § 372.180

Title 32REVENUE AND TAXATION

Ch. 372Sales

SALES TAX

This text of Nevada § 372.180 (Resale certificate: Commingled fungible goods) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 372.180 (2026).

Text

If a purchaser gives a certificate with respect to the purchase of fungible goods and thereafter commingles these goods with other fungible goods not so purchased but of such similarity that the identity of the constituent goods in the commingled mass cannot be determined, sales from the mass of commingled goods shall be deemed to be sales of the goods so purchased until a quantity of commingled goods equal to the quantity of purchased goods so commingled has been sold.

Free access — add to your briefcase to read the full text and ask questions with AI

If a purchaser gives a certificate with respect to the purchase of fungible goods and thereafter commingles these goods with other fungible goods not so purchased but of such similarity that the identity of the constituent goods in the commingled mass cannot be determined, sales from the mass of commingled goods shall be deemed to be sales of the goods so purchased until a quantity of commingled goods equal to the quantity of purchased goods so commingled has been sold.